Solar tech firm SunPower beats Q3 revenue estimates, operating income hits record
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SunPower reported Q3 2025 revenue of $70 million, surpassing analyst expectations, with a record non-GAAP operating income of $3.12 million. The acquisition of Sunder Energy is expected to enhance future bookings. For Q4 2025, SunPower anticipates revenue of $83.3 million and operating income of $3.56 million, projecting 2025 revenue at $303 million. The average analyst rating is "buy," with a median 12-month price target of $5.40, reflecting a potential 67.6% increase from its recent closing price of $1.75.
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